# Onboard Dynamics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/onboard-dynamics

- Industry: Industrial Machinery
- Headquarters: Bend, US
- Website: www.onboarddynamics.com
- Latest round: Seed (Nov 14, 2015)
- Investors on record: 1

## About

Onboard Dynamics, Inc. specializes in innovative natural gas compression technologies, focusing on reducing greenhouse gas emissions through advanced solutions for pipeline operators and transportation fleets.Founded in 2013 and headquartered in Bend, US, Onboard Dynamics, Inc. develops natural gas compression technologies to help reduce emissions. The company has raised USD 30.00 mn in its latest funding round on November 24, 2021, led by BP Energy Partners. Jeff Witwer and Rita Hansen are the co-founders, with Rita Hansen currently serving as CEO.Onboard Dynamics specializes in innovative natural gas compression technologies aimed at reducing greenhouse gas emissions. Their core offerings include the GoVAC® Pipeline Evacuation System and the GoFLO® Natural Gas Compressor. The GoVAC® system, launched in 2021, enables natural gas pipeline operators to safely capture, recover, and measure natural gas during evacuation procedures, thus preventing methane emissions from escaping into the atmosphere. The GoFLO® product line serves fleet operators by providing a modular refueling solution for low-pressure natural gas, enabling the compression of gas into a usable fuel source without requiring external electricity. These products primarily target natural gas pipeline operators and transportation fleet managers in North America and Europe, where there is a strong emphasis on environmental compliance and emission reduction.The revenue generation model for Onboard Dynamics is primarily based on partnerships and direct sales to business clients in the natural gas and transportation sectors. Companies can acquire their systems through purchase, leasing, or turn-key service agreements, providing flexibility based on individual client needs. The pricing structure typically encompasses different tiers based on product specifications and project requirements, allowing customers to select configurations that best fit their operational goals. The GoVAC® and GoFLO® systems reflect Onboard Dynamics' commitment to delivering cost-effective solutions while facilitating environmental sustainability. These structured transactions aim to enhance the environmental profiles of their clients while driving down operational costs associated with methane emissions and natural gas usage.Onboard Dynamics plans to utilize the USD 30.00 mn raised in November 2021 to manufacture more portable units and develop new models capable of handling larger flow rates as market demand grows. The company is targeting expansion into North America and Europe, with specific plans to release new products by late 2023. These initiatives aim to enhance their product offerings and meet the evolving needs of their clients in the natural gas and transportation sectors.

## Funding rounds

- Seed, Nov 14, 2015 — Portland Seed Fund

## Investors

- Portland Seed Fund (https://capitalatlas.ai/funds/portland-seed-fund) — Seed